The Board of the International Finance Corporation, the World Bank’s private-sector arm, is in the final stages of approval for a loan for development of the first of a series of proposed free trade zones along the border between Haiti and the Dominican Republic.
Transparency-WB/IMF
IFI governance
News
Review criticises Bank disclosure policy implementation
A new review assesses problems with implementation of the World Bank's disclosure policy.
Accountability
Background
How the World Bank deals with fraud and corruption in its projects
"Let's not mince words: we need to deal with the cancer of corruption . .…
Conditionality
News
IMF transparency still lagging on crucial issues
The Executive Board of the IMF met to discuss a revision of its procedures towards more transparency. While the IMF assimilates transparency efforts in the past few years to a ‘revolution’, critics point to major shortcomings hampering public scrutiny of IMF operations
IFI governance
News
UK drafting new institutional strategy on the World Bank
The UK's Department for International Development has just started producing an Institutional Strategy on the…
IFI governance
News
Update on World Bank governance discussions
Significant efforts were made last week by activists to publicise the US attempt to block further discussions of reforming the governance of the World Bank and IMF.
IFI governance
News
Unofficial summary of IMF Board meeting on transparency
The Board of the Fund met discuss transparency - however due to the reluctance of some country representatives to accept progress on some of the key issues outlined below firm decisions were postponed, officially for technical reasons but in fact to allow countries to reach a compromise.
IFI governance
Analysis
G-7, civil society press for IMF, World Bank transparency reforms
The World Bank and the IMF have responded to complaints about their lack of transparency by issuing mountains of documentation and offering innumerable meetings and consultations. But critics are still not satisfied, pointing to the difficulty for people to find and interpret many of the documents produced, and to the opacity of the institutions’ key decision-making bodies.
IFI governance
News
Structural adjustment for IMF cafeteria
For years, IMF staffers, some of Washington's highest-paid workers, have been enjoying haute cuisine at cut-rate prices. Frugal friends from the World Bank have also been spotted at the Fund trough since their subsidized lunch was axed in 1995. In the spirit of Labour Day solidarity, the IMF stopped subsidising the food at its cafeteria on May 1.
IFI governance
News
The politics of multilateral institutions
A new book by two researchers at the University of Oslo describes the structure and decision-making processes of multilateral institutions.
